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March 25, 2011 01:59 am GMT
So we're all pretty desensitized by now to the mind-blowing stupidity on display by the record industry in its foolhardy attempts at assigning damages in piracy cases — was anyone surprised when they told one woman, who had shared 24 songs, that she owed nearly two million dollars? Yes, ridiculous. But this — this is beyond ridiculous. This is... sublime.The record companies suing Limewire were asked to estimate the damages that should be paid by the file-sharing service. Their estimate? $400 Billion on the low end, and at the high end — $75 trillion dollars. That's more than the GDP of the entire world.The judge, in a refreshing stroke of good sense, deemed these potential damages "absurd" and the plaintiff's approach "untenable".
Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/z2w31FWfNBY/
Record Industry: Limewire Could Owe $75 Trillion "" Judge: "Absurd"
So we're all pretty desensitized by now to the mind-blowing stupidity on display by the record industry in its foolhardy attempts at assigning damages in piracy cases — was anyone surprised when they told one woman, who had shared 24 songs, that she owed nearly two million dollars? Yes, ridiculous. But this — this is beyond ridiculous. This is... sublime.The record companies suing Limewire were asked to estimate the damages that should be paid by the file-sharing service. Their estimate? $400 Billion on the low end, and at the high end — $75 trillion dollars. That's more than the GDP of the entire world.The judge, in a refreshing stroke of good sense, deemed these potential damages "absurd" and the plaintiff's approach "untenable".Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/z2w31FWfNBY/
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